Stocks consolidated gains at the death with bid stock Shire the best performing blue-chip
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The UK bluechip-benchmark closed over 165 points higher at 7,199, while the FTSE 250 added over 311 points at 19,576
The blue-chip benchmark closed up around three points at 7,034, with the big cap miners lagging
Some Wall Street shares did well yesterday, with the tech heavy Nasdaq composite posting a fresh record close at 5,225.48, up 0.24%.
With the oil price continuing to slide, heavily-weighted oil giants Shell and BP were dragging the top-share index lower
The US benchmark, the S&P 500, briefly hit a new all-time high yesterday before turning lower; nonetheless, the FTSE 100 is set to continue its journey to its own new high.
A strong non-farm payrolls number eased some concerns in the market over the health of the US economy.
The market is expecting around 182,000 jobs to have been added last month
Weekly first-time jobless claims rose to their highest level since the end of June
The FTSE 100 Index responded to the rate cut by rising 67.6 points to 6700.45
US stocks dipped after the opening on Wednesday but by mid-morning were posting gains after digesting upbeat jobs data and cheering on rising oil prices after gasoline stocks dropped
Despite positive responses to the trading updates from Next and HSBC, blue chips fell
British construction activity in July hit its lowest level since June 2009
It is all happening on the solar power world, with SolarCity being bought out and Trina Solar going private.
The FTSE 100 Index lost hold of a 25-point gain to stand 7.9 points ahead at 6732.29
Wall Street shares poised for mixed start as second quarter growth numbers in sights.